Velmard OÜ
Active Registry code 10391786
OÜ Tallinn Registered 25 Feb 1998
Velmard OÜ is a OÜ based in Tallinn, registry code 10391786, status: active. Main activity: Manufacture of headgear, including of fur. According to EMTA, turnover for Q3 2026 was €166 821 with 30 employees.
Turnover
166 821 €
↓ 34.1% vs Q2 2026
State taxes
68 487 €
↑ 19.7% vs Q2 2026
Labour taxes
50 242 €
↑ 0.7% vs Q2 2026
Employees
30
+1 vs Q2 2026
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Turnover · Q3 2026 166 821 €above 87% of companiesindustry median 14 653 € · companies in the industry: 290
- Labour taxes per employee 1 675 €above 79% of companiesindustry median 1 059 € · companies in the industry: 312
- Revenue · 2025 913 104 €above 98% of companiesindustry median 6 431 € · companies in the industry: 830
- Net profit margin · 2025 6.0 %above 61% of companiesindustry median 2.5 % · companies in the industry: 577
Taxes and turnover
- Company
- Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | 166 821 | 68 487 | 50 242 | 30 |
| Q2 2026 | 253 171 | 57 230 | 49 869 | 29 |
| Q1 2026 | 283 172 | 62 956 | 56 478 | 31 |
| Q4 2025 | 218 756 | 53 064 | 44 669 | 31 |
| Q3 2025 | 240 405 | 77 358 | 58 710 | 30 |
| Q2 2025 | 209 934 | 59 838 | 55 474 | 30 |
| Q1 2025 | 307 123 | 66 196 | 61 734 | 30 |
| Q4 2024 | 262 247 | 64 492 | 51 339 | 32 |
| Q3 2024 | 243 789 | 85 431 | 57 433 | 30 |
| Q2 2024 | 310 202 | 50 453 | 52 255 | 30 |
| Q1 2024 | 256 486 | 51 302 | 53 647 | 32 |
| Q4 2023 | 143 898 | 44 890 | 42 806 | 34 |
| Q3 2023 | 197 173 | 71 836 | 52 405 | 32 |
| Q2 2023 | 231 163 | 60 728 | 53 055 | 33 |
| Q1 2023 | 291 912 | 54 755 | 52 779 | 34 |
| Q4 2022 | 183 698 | 59 245 | 45 607 | 36 |
| Q3 2022 | 218 623 | 74 156 | 59 199 | 35 |
| Q2 2022 | 333 774 | 68 376 | 59 112 | 34 |
| Q1 2022 | 318 042 | 62 738 | 56 958 | 36 |
Labour taxes per employee per month
558 €
Turnover per employee in the quarter
5 561 €
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Manufacture of wearing apparel (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 913 104 | 55 214 | 557 041 | 420 853 | 310 225 | 27 |
| 2024 | 978 601 | 58 934 | 614 179 | 377 629 | 255 011 | 29 |
| 2023 | 752 212 | -16 841 | 526 171 | 397 004 | 196 077 | 31 |
| 2022 | 1 001 228 | 153 882 | 582 926 | 506 920 | 362 918 | 32 |
| 2021 | 857 641 | 43 298 | 503 792 | 473 540 | 209 036 | 35 |
| 2020 | 1 028 226 | 205 654 | 510 140 | 510 846 | 325 738 | 34 |
| 2019 | 878 410 | 132 775 | 476 900 | 346 684 | 280 084 | 31 |
| 2018 | — | — | — | — | — | 30 |
| 2017 | — | — | — | — | — | 31 |
| 2016 | — | — | — | — | — | 32 |
| 2015 | — | — | — | — | — | 32 |
| 2014 | — | — | — | — | — | 34 |
| 2013 | — | — | — | — | — | 41 |
| 2012 | — | — | — | — | — | 35 |
| 2011 | — | — | — | — | — | 35 |
| 2010 | — | — | — | — | — | 33 |
| 2009 | — | — | — | — | — | 33 |
| 2008 | — | — | — | — | — | 40 |
| 2007 | — | — | — | — | — | 45 |
| 2006 | — | — | — | — | — | 45 |
| 2005 | — | — | — | — | — | 49 |
| 2004 | — | — | — | — | — | 60 |
| 2003 | — | — | — | — | — | 65 |
| 2002 | — | — | — | — | — | 67 |
| 2001 | — | — | — | — | — | 68 |
| 2000 | — | — | — | — | — | 65 |
| 1999 | — | — | — | — | — | 65 |
| 1998 | — | — | — | — | — | 65 |
| 1997 | — | — | — | — | — | 65 |
Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.
Financial ratios for 2025
Net profit margin
6.0 %
Net profit / revenue
Return on equity (ROE)
17.8 %
Net profit / equity
Return on assets (ROA)
13.1 %
Net profit / assets
Equity ratio
73.7 %
Equity / assets
Debt ratio
26.3 %
Liabilities / assets
Current ratio
3.65
Current assets / current liabilities
Revenue per employee
33 819 €
Revenue / average full-time employees
Labour cost per employee per month
1 719 €
Labour costs / employees / 12 months (incl. employer taxes)
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 18 Jun 2026 | Company’s own | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 30 Jun 2025 | Company’s own | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 23 May 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 19 Jul 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 29 Jun 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 1 Jan 2020 – 31 Dec 2020 | 23 Jun 2021 | Company’s own · audited | e-Äriregister |
| 2019 | 1 Jan 2019 – 31 Dec 2019 | 30 Jun 2020 | Company’s own · audited | e-Äriregister |
Board
- Merike OrrenBoard member · since 31 Oct 2007
Right of representation
Any member of the management board may represent the private limited company in all transactions.
Owners
- Mare OjasteNatural person · 6 400 €
- Merike Orren-KurvitsNatural person · 6 400 €
- Margit VainomaaNatural person · 6 400 €
- Malle PõldNatural person · 6 144 €
- Rainbird Holding OÜLegal person · 11341572 · 256 €
Beneficial owners
- Timm RannuIndirect ownership · since 11 Jan 2024
- Malle PõldDirect ownership · since 25 Oct 2018
- Mare OjasteDirect ownership · since 25 Oct 2018
- Margit VainomaaDirect ownership · since 25 Oct 2018
- Merike OrrenDirect ownership · since 25 Oct 2018
Founders and other persons
- Audit Partner OÜAudit firm · 1 Jan 2017
Related companies
Activities (EMTAK)
- 14291Manufacture of headgear, including of fur Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 10025749 / 12 26 Jul 2024 |
Transformation entry | In force 26 Jul 2024 |
||
| Ä 10025749 / M3 22 Jul 2024 |
Ruling to eliminate deficiencies | 22 Aug 2024 | Deficiencies eliminated 25 Jul 2024 |
|
| Ä 10025749 / 11 8 Jul 2024 |
Entry refused | In force 25 Jul 2024 |
||
| Ä 10025749 / M2 28 Jun 2024 |
Procedural ruling | 28 Jul 2024 | Deficiencies eliminated 28 Jun 2024 |
|
| Ä 10025749 / 10 16 Jan 2018 |
Amendment entry | In force 16 Jan 2018 |
||
| Ä 10025749 / 9 7 Nov 2017 |
Amendment entry | In force 7 Nov 2017 |
||
| Ä 10025749 / 8 27 Sep 2017 |
Amendment entry | In force 27 Sep 2017 |
||
| Ä 10025749 / 7 26 May 2017 |
Amendment entry | In force 26 May 2017 |
||
| Ä 10025749 / 6 12 Sep 2016 |
Amendment entry | In force 12 Sep 2016 |
||
| Ä 10025749 / 5 8 Nov 2011 |
Amendment entry | In force 8 Nov 2011 |
||
| Ä 25749 / 4 3 Dec 2008 |
Deletion of activities from the registry card | In force 4 Dec 2008 |
||
| Ä 25749 / 3 31 Oct 2007 |
Amendment entry | In force 31 Oct 2007 |
||
| Ä 25749 / M1 27 Jun 2006 |
Ruling to be served | In force 3 Jul 2006 |
||
| Ä 25749 / 2 1 Oct 2002 |
Entry decision on the register’s own initiative | In force |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data